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Wed Bush versus Group Think, two kinds of growth for iPhone in India, and updates on the M3 Macs.

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When Bush Enlist Daniel Ives thinks he knows what's wrong with people who are negative on Apple.

They've been spending too much time listening to people who were negative on Apple.

Apple 3.0 ran part of a note he wrote Wednesday, the head of earnings this afternoon

slash evening, Ives says the current overall sentiment of Apple on the street is a negative group

think mentality.

Ivesone is doing better than most seem to think in his estimation that strength plus stronger services growth lead him to think the September

quarter will beat the streets expectations. Should he not also list the streets low expectations helping Apple beat street expectations?

Or is that too meta?

Of course he knows the real question on the minds of most Apple analysts and investors is

iPhone strength in China.

Though he acknowledges that iPhone sales there do seem to have slowed, the installed base gives him comfort. In a nutshell says the note, we believe

over 100 million iPhones in China alone are in the window of an upgrade opportunity and that remains the golden goose on

this cycle for Apple with a very heavy mix of iPhone Pro this time about 80%

iPhone Pro Mix versus 60%

pro mix in the iPhone 14.

ASPs have a major tailwind in this cycle

...